Life Insurance Theory

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Life Insurance

Author : Robert Irwin Mehr,Sandra G. Gustavson
Publisher : Business Publications, Incorporated
Page : 824 pages
File Size : 54,9 Mb
Release : 1984
Category : Business & Economics
ISBN : UOM:39015017303648

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Life Insurance by Robert Irwin Mehr,Sandra G. Gustavson Pdf

FUNDAMENTALS OF LIFE INSURANCE THEORIES AND APPLICATIONS

Author : KANINIKA MISHR
Publisher : PHI Learning Pvt. Ltd.
Page : 212 pages
File Size : 54,7 Mb
Release : 2016-07-06
Category : Business & Economics
ISBN : 9788120352667

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FUNDAMENTALS OF LIFE INSURANCE THEORIES AND APPLICATIONS by KANINIKA MISHR Pdf

Human life, in all its manifestations, has immeasurable social and economic value. Since ancient times, human beings have tried to put in place systems to sustain and flourish in the face of adversity. In modern times, life insurance is one such financial arrangement that provides social and economic security to individuals and to the communities. Awareness of the basic features and categories of insurance is important in today’s life insurance market where all companies are offering a number of innovative products with multiple features. Divided into three parts, this book incorporates the basics of life insurance, risk management, and health and micro-insurance, in detail. Part I (Concepts, Principles and Processes) systematically defines life insurance, its legal contract and characteristics, marketing and distribution processes involved, and the future trends. Part II (Risk Management, Underwriting, Reinsurance and Claims) explicates the importance of risk management, the process of underwriting, and the types and concepts of reinsurance and claims. Part III (Employee Benefits, Pensions, Annuities, Micro-insurance and Health Insurance) covers allied topics, such as pension products, micro-insurance and health insurance which are increasingly becoming important for the industry for both the social and commercial perspectives.

Life Insurance Theory

Author : F. Etienne De Vylder
Publisher : Springer Science & Business Media
Page : 186 pages
File Size : 51,7 Mb
Release : 2013-03-09
Category : Business & Economics
ISBN : 9781475726169

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Life Insurance Theory by F. Etienne De Vylder Pdf

This book is different from all other books on Life Insurance by at least one of the following characteristics 1-4. 1. The treatment of life insurances at three different levels: time-capital, present value and price level. We call time-capital any distribution of a capital over time: (*) is the time-capital with amounts Cl, ~, ... , C at moments Tl, T , ..• , T resp. N 2 N For instance, let (x) be a life at instant 0 with future lifetime X. Then the whole oO oO life insurance A is the time-capital (I,X). The whole life annuity ä is the x x time-capital (1,0) + (1,1) + (1,2) + ... + (I,'X), where 'X is the integer part ofX. The present value at 0 of time-capital (*) is the random variable T1 T TN Cl V + ~ v , + ... + CNV . (**) In particular, the present value ofA 00 and ä 00 is x x 0 0 2 A = ~ and ä = 1 + v + v + ... + v'X resp. x x The price (or premium) of a time-capital is the expectation of its present value. In particular, the price ofA 00 and äx 00 is x 2 A = E(~) and ä = E(I + v + v + ... + v'X) resp.

Managing Life Insurance

Author : Anonim
Publisher : Unknown
Page : 311 pages
File Size : 43,8 Mb
Release : 2016
Category : Electronic
ISBN : 9380929927

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Managing Life Insurance by Anonim Pdf

Notes on Life Insurance; the Theory of Life Insurance Practically Explained

Author : Edward Bathurst Fackler
Publisher : Hardpress Publishing
Page : 216 pages
File Size : 42,5 Mb
Release : 2012-08
Category : History
ISBN : 129053599X

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Notes on Life Insurance; the Theory of Life Insurance Practically Explained by Edward Bathurst Fackler Pdf

Unlike some other reproductions of classic texts (1) We have not used OCR(Optical Character Recognition), as this leads to bad quality books with introduced typos. (2) In books where there are images such as portraits, maps, sketches etc We have endeavoured to keep the quality of these images, so they represent accurately the original artefact. Although occasionally there may be certain imperfections with these old texts, we feel they deserve to be made available for future generations to enjoy.

Theory and Practice of Insurance

Author : J. François Outreville
Publisher : Springer Science & Business Media
Page : 342 pages
File Size : 47,7 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9781461561873

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Theory and Practice of Insurance by J. François Outreville Pdf

Insurance is a concept, a technique, and an economic institution. It is a major tool of risk management, and plays an important role in the economic, social, and political life of all countries. Economic growth throughout the world has even expanded the role of insurance. Theory and Practice of Insurance aims to describe the significance of insurance institutions, the reasons they exist and how they function. The author emphasizes fundamental principles in risk and insurance, using an international frame of reference. This volume begins with an introduction to the concept of risk, then proceeds to cover insurance and its relationship to the economy; the principles of risk management and insurance; and the characteristics and performance of insurance companies.

Biblischer

Author : Martin Noth
Publisher : Unknown
Page : 128 pages
File Size : 51,9 Mb
Release : 2024-06-17
Category : Electronic
ISBN : OCLC:460606956

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Biblischer by Martin Noth Pdf

Notes on Life Insurance

Author : Edward B. Fackler
Publisher : Forgotten Books
Page : 208 pages
File Size : 43,7 Mb
Release : 2017-10-17
Category : Business & Economics
ISBN : 026641821X

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Notes on Life Insurance by Edward B. Fackler Pdf

Excerpt from Notes on Life Insurance: The Theory of Life Insurance Practically Explained; An Elementary Treatise on the Principles Governing Life Insurance, and Their Technical Application; Designed for the Use of College, Students and All Persons Interested in the Subject I. General Introductory Remarks. II. Interest and Discount, and the Mortality Table. III. Net Premiums. IV. Net Reserves. V. Mortality Tables and Interest Assumptions. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Notes on Life Insurance

Author : Edward Bathurst Fackler
Publisher : Palala Press
Page : 128 pages
File Size : 44,9 Mb
Release : 2016-05-23
Category : Electronic
ISBN : 1358902488

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Notes on Life Insurance by Edward Bathurst Fackler Pdf

This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Notes on Life Insurance, the Theory of Life Insurance Practically Explained: An Elementary Treatise on the Principles Governing Life Insurance, and Th

Author : Edward Bathurst Fackler
Publisher : Palala Press
Page : 214 pages
File Size : 46,5 Mb
Release : 2018-02-20
Category : History
ISBN : 1378296915

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Notes on Life Insurance, the Theory of Life Insurance Practically Explained: An Elementary Treatise on the Principles Governing Life Insurance, and Th by Edward Bathurst Fackler Pdf

This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Economics of Insurance

Author : K.H. Borch,A. Sandmo,K.K. Aase
Publisher : Elsevier
Page : 410 pages
File Size : 42,6 Mb
Release : 2014-07-14
Category : Business & Economics
ISBN : 9781483294902

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Economics of Insurance by K.H. Borch,A. Sandmo,K.K. Aase Pdf

The theory of insurance is presented in this book, discussed from the viewpoint of the theory of economics of uncertainty. The principle of premium calculation which the book uses is based on economic equilibrium theory and differs from many of the premium systems discussed by actuaries. Reinsurance is developed in the framework of general economic equilibrium theory under uncertainty. Here ordering of risks, preferences and utility theory play an important role. The book discusses the markets for insurance and divides them into three classes: (i) life insurance (ii) business insurance and (iii) household insurance, and these classes are each treated extensively in three separate chapters. Finally uninsurable risks are presented under "asymmetric information". Here moral hazard and adverse selection are treated and illustrations are given, some based on game theory.

The Economic Theory of Risk and Insurance

Author : Allan H. Willett
Publisher : University of Pennsylvania Press
Page : 132 pages
File Size : 42,7 Mb
Release : 2016-11-11
Category : Business & Economics
ISBN : 9781512808995

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The Economic Theory of Risk and Insurance by Allan H. Willett Pdf

This book is a volume in the Penn Press Anniversary Collection. To mark its 125th anniversary in 2015, the University of Pennsylvania Press rereleased more than 1,100 titles from Penn Press's distinguished backlist from 1899-1999 that had fallen out of print. Spanning an entire century, the Anniversary Collection offers peer-reviewed scholarship in a wide range of subject areas.

Risk Theory

Author : E. Beard
Publisher : Springer Science & Business Media
Page : 206 pages
File Size : 48,8 Mb
Release : 2013-03-09
Category : Science
ISBN : 9789400957817

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Risk Theory by E. Beard Pdf

whioh the developments are appropriate in an elementary text book is open to doubt. Fortunately the proceedings of the conference arranged by the Society of Actuaries Research Committee in September 1974 provide an effective review of the ourrent position (Credibility, Theory and Applications, Ed. P. M. Kahn, Academic Press, 1975). It is doubtful if any practical use is now made of the Esscher approximation and the N-P method is much more convenient and of adequate accuracy in most practical work. Thus the first half of Chapter 6 is now largely of historical interest. Chapter 11 dealing with ruin probability during a finite time interval does not give an adequate view of the current importanoe of this topic but the position is fluid because of the considerable effort being expended in the search for practical methods of calcu lation. Formulae are, in general, complicated and involve extensive computer based quadratures or simulation techniques. The paper by Seal in the Scandinavian Actuarial Journal (The Numerical Calculation of U(w,t) the Probability of Non-ruin in an Interval (O,t) 1974) gives a recent treatment and a fairly complete list of relevant references. In many countries studies are currently in progress in the develop ment of models for business planning where the basic operations involve a stochastic process. Not only are insurance companies interested but in many commercial and industrial firms the needs are significant so that a very large field exists for applications.